The tax due in connection with the filing of any return, report or other document exceeds $5,000.

A taxpayer files tax returns more frequently than
monthly, and during the preceding 12-month period, the average total
payment exceeds $5,000.

A company files withholding tax returns and
payments on behalf of other taxpayers during the preceding 12 month
period and the average total payments for all tax returns filed exceed
$5,000.

If an EFT payment is not timely made or if the
required tax return is not filed by the due date, the provisions for
late payment penalties, late filing penalties, interest, and loss of
applicable discount shall apply in accordance with R.S. 47:1601-1602.

Attribution and thanks are extended to Gerard H. Schreiber, Jr., CPA, who contributed content for this alert.